Org.nr 923 065 490 2021 → 2022 Year-over-year analysis

ADVOKAT GUNNAR ANGAARD AS: årsregnskap 2022 vs 2021

Grew 9% on revenue, weaker earnings

approved 2023-04-28; registry 2023-05-02; journal 2023 381611

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT GUNNAR ANGAARD AS. Revenue 2.64m NOK → 2.88m NOK (+9.4%). Net result +900.8k NOK → +40.4k NOK. Equity 1.22m NOK → 2.26m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.

Net constructive year on the published lines.

Scorecard

Revenue
2.64m NOK 2.88m NOK
+9.4%
Operating result
+1.16m NOK +1.33m NOK
+14.5%
Net result
+900.8k NOK +40.4k NOK
-95.5%
Equity
1.22m NOK 2.26m NOK
+85.3%
Cash
1.40m NOK 2.52m NOK
+80.2%
Total assets
1.75m NOK 3.17m NOK
+80.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.64m NOK to 2.88m NOK (+9.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.16m NOK → +1.33m NOK (op. margin 44.0% → 46.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.22m NOK → 2.26m NOK (equity ratio 69.5% → 71.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.40m NOK → 2.52m NOK (+80.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 937.2k NOK → 1 121 NOK (36% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +900.8k NOK → +40.4k NOK (net margin 34.2% → 1.4%). Calculated